NSE: CYBERTECH · BSE: 532173
CYBERTECH SYSTEMS & SOFTW
Provides software and IT consulting services, classified under Computers - Software & Consulting. The company became an AWS Advanced Tier Services Partner during Q1 FY27. Employee costs dominate the cost structure at 56.9% of revenue in FY26, with materials at 24.3%, other operating expenses at 10.9%, and depreciation at 1.5%. Capex is light at 1.7% of revenue, fitting a services-led model. FY26 total revenue was Rs 237.1523 crore with an EBITDA margin of 18.8165%. Consolidated Q1 FY27 revenue from operations rose to Rs 6,844.73 lakhs from Rs 5,819.41 lakhs in the year-ago quarter, with consolidated PAT at Rs 947.72 lakhs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Software and IT services. People-intensive IT services with high US and single-client concentration
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 139 | 176 | 222 | 236 | 237 |
| EBITDA (ex other income) | 28 | 31 | 25 | 32 | 19 |
| margin % | 20.2 | 17.8 | 11.5 | 13.4 | 7.9 |
| Owners' profit | 23 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 8.13 | 7.64 | 7.77 | 11.22 | 9.77 |
| ROE % · ROCE % | 16.4 · 21.3 | 13.5 · 19.5 | 10.4 · 14.4 | 14.1 · 18.5 | 14.3 · 18.6 |
| Debt / equity (x) | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Cash from operations | 26 | 26 | 37 | 38 | 12 |
| Capex | (2) | (1) | (1) | (1) | (4) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 58 | 59 | 61 | 58 | 59 | 58 | 62 | 68 |
| Profit before tax | 12 | 12 | 12 | 11 | 11 | 8 | 10 | 13 |
| Net profit | 9 | 9 | 10 | 8 | 9 | 7 | 7 | 9 |
| EPS (₹) | 2.87 | 2.90 | 3.08 | 2.63 | 2.78 | 2.10 | 2.27 | 3.06 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TATA CONSULTANCY SERV LT | 8,97,036 | 18.0 | 8.27 | 12.3 | 45.6 | 53.9 | 10.2 | 26.9 |
| INFOSYS LIMITED | 4,63,479 | 15.4 | 4.97 | 9.7 | 31.6 | 38.6 | 12.2 | 25.7 |
| HCL TECHNOLOGIES LTD | 3,81,159 | 21.8 | 5.07 | 13.7 | 22.1 | 26.2 | 11.5 | 20.9 |
| WIPRO LTD | 1,88,266 | 15.1 | 2.13 | 9.0 | 15.0 | 17.1 | 8.4 | 22.9 |
| TECH MAHINDRA LIMITED | 1,73,421 | 30.5 | 5.77 | 19.4 | 16.0 | 18.8 | 8.5 | 16.8 |
| LTM LIMITED | 1,21,203 | 23.2 | 5.03 | 14.6 | 20.7 | 24.8 | 27.9 | 20.0 |
| PERSISTENT SYSTEMS LTD | 92,757 | 47.7 | 11.83 | 31.8 | 23.8 | 28.5 | 28.6 | 17.8 |
| COFORGE LIMITED | 86,819 | 39.9 | 8.97 | 30.9 | 18.0 | 17.2 | 28.6 | 18.6 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 12.2 | 15.7 | 20 of 65 | 70% |
| P/B | 1.8 | 2.6 | 22 of 65 | 67% |
| ROCE | 18.2 | 14.2 | 27 of 76 | 65% |
| ROE | 14.3 | 11.5 | 25 of 64 | 62% |
| Debt / Equity | 0.0 | 0.0 | 31 of 65 | 53% |
| EBITDA margin | 20.3 | 18.4 | 25 of 65 | 63% |
| Revenue growth | 17.6 | 10.6 | 22 of 63 | 66% |
| Profit growth | 15.9 | 6.7 | 25 of 62 | 61% |
| Market cap | 377 | 426 | 41 of 76 | 47% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 23 Oct 2026 · Cybertech publishes September 2026 quarter results in two newspapers | compliance | minimal | — | — |
| 23 Oct 2026 · CyberTech Q2 FY27 revenue up 16.9%, but margins narrow | compliance | low | — | — |
| 22 Oct 2026 · CyberTech approves September 2026 quarter and half-year results | results | high | — | — |
| 22 Oct 2026 · Board approves September 2026 quarterly results | results | high | — | — |
| 14 Oct 2026 · Q2 FY26-27 demat compliance certificate filed with exchanges | compliance | minimal | — | — |
| 13 Oct 2026 · Board meeting on Oct 22, 2026 to approve Q2 and H1 FY27 results | results | low | — | — |
| 29 Sept 2026 · 31st AGM results: all 4 resolutions passed, Rs.4 dividend approved | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closes from Oct 1 ahead of Q2 FY26 results | compliance | minimal | — | — |
| 28 Sept 2026 · Cybertech 31st AGM held on Sep 28, 2026 via VC; key results shared | board shareholder meetings | low | — | — |
| 4 Sept 2026 · CyberTech 31st AGM notice dispatched; meeting on September 28, 2026 | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.